Lump sum amount is deposited at one time for a specific period is called

fixed deposit

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save deposit

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recurring deposit

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current deposit

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Solution

The correct option is A fixed deposit
Lump sum amount is deposited at one time for a specific period is called fixed deposit.

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Lump sum amount is deposited at one time for a specific period is called

The correct option is A fixed depositLump sum amount is deposited at one time for a specific period is called fixed deposit.

The correct option is A fixed deposit
Lump sum amount is deposited at one time for a specific period is called fixed deposit.